Regions Bank vs Bank of America
Regions Bank is a south and Midwest bank with special reward programs. How does it compare to Bank of America? Read our comparison chart below.
Regions Bank has 1,500 branches in 15 states in the South and Midwest. Checking and savings accounts require just $50 to open, with relatively lower requirements to waive fees. The unique Now Banking solution offers prepaid Visa, savings, and check cashing services with no account required.
While Bank of America is one of the largest banks in the U.S. with approximately 4,300 locations and 17,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.
Compare Regions Bank with Bank of America, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Regions Bank | Bank of America | |
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LifeGreen Savings Account – Up to $100 Annual Savings Bonus - | Bank of America Advantage Plus Banking® - $100 Bonus Offer - | |
Benefits and Features | ||
Savings | ![]() | |
CD | 0.01% APY (Up to 4.75% APY for Promotional Relationship) | ![]() |
Checking | ![]() | |
Customer Service | 24/7 Telephone Customer Service |
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ATMs | More than 1900 ATMs in 15 Southern and Midwestern US states. | |
IRA CD | ![]() | ![]() |
Locations | More than 1500 branches in 16 Southern and Midwestern US states. | Approximately 3,800+ retail financial centers |
CreditDonkey® Reviews | ||
Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
CD | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Money Market | ![]() ![]() ![]() ![]() ![]() | |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Pros & Cons | Pros:
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Bottom Line | South and Midwest bank with special reward programs... | National bank with widespread accessibility and wide range of services... |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Regions Bank: Pricing information from published website as of 05/16/2023 based on 35203 zip code. Bank of America: Pricing information from published website as of 5/15/2023 based on 91107 zip code. |
Which is Better: Regions Bank or Bank of America?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Regions Bank or Chase.
In short: Regions Bank's savings, cd, and checking are notable. Bank of America's mobile app is noteworthy.